August 13, 2025

Banking

Banking

FSS’s Bid to Redefine Digital Banking

As digital disruption transforms global banking, Financial Software and Systems (FSS) is determined to play the long game—reshaping not just technology stacks, but the very DNA of financial institutions. Vaidyanathan Venkataraman, Head – Global Digital Delivery, FSS, who brings over 35 years of deep BFSI expertise to the table in an exclusive interview with CiOL, talks about

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Banking

Consumer Financial Protection Bureau to Rewrite Open Banking Rule

On July 29, the U.S. District Court for the Eastern District of Kentucky granted the CFPB’s request to stay litigation challenging its open banking rule. The rule (previously discussed here) aimed to establish industry-wide standards for data access and sharing between banks, fintechs, and consumers. The Bureau stated that it intends to revise the rule through an accelerated rulemaking process. Finalized in October

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Banking

‘Naked Gun’ And Its Studio Are Both Banking On A Reboot

The fourth reboot of The Naked Gun arrives this week from Paramount Global, its distributor, which is also heralding its own massive reboot — a study in contrasts. The three Naked Gun films over 40 years hilariously chronicled a litany of organizational debacles, the last even subtitled “Final Insult.” But in unveiling his $8 billion

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Banking

Both ‘The Naked Gun’ And Its Studio Are Banking On The Promise Of Reboots

The Naked Gun reboot arrives this week from Paramount Global, its distributor, which is also heralding its own massive reboot — a study in contrasts. The three Naked Gun films over nearly 40 years hilariously chronicled a litany of organizational debacles, the last even subtitled “The Final Insult.” But in unveiling his $8 billion takeover,

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Banking

BRAC Bank agent banking connects underserved communities to formal finance

Through innovation and outreach, BRAC Bank is ensuring financial services reach those who need them most, fostering progress at the grassroots Tareq Refat Ullah Khan 31 July, 2025, 11:25 am Last modified: 31 July, 2025, 01:08 pm Sketch: TBS “> Sketch: TBS I take great pride in reflecting on BRAC Bank’s journey with Agent Banking,

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Banking

Somalia makes national digital ID mandatory for banking transactions from Sept. 1

A new rule will soon go into effect in Somalia mandating citizens wishing to open a new bank account or update an old one to present a national digital ID issued by the National Identification and Registration Authority (NIRA). The Central Bank of Somalia (CBS) issued a statement on July 29 informing citizens of this

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Banking

Reclaiming Our Money, Reclaiming Our Power: Strategy and Solidarity at the Public Banking Convening

On May 20, advocates, organizers, and financial justice leaders from across the country came together in Washington, D.C., to mark the release of Public Banks for Racial Equity: Democratizing Finance to Build Community Wealth, a joint report from Dēmos and New Economy Project. The convening and report launch marked an exciting milestone for the growing

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Banking

CECOM Spotlight: From Bay Area banking to battlefield logistics | Article

Ehsan Sherdil is a supply systems analyst with CECOM’s Logistics & Technical Support Directorate (LTSD), Master Data & Maintenance Team. (Photo Credit: Sean Kief, CECOM) VIEW ORIGINAL ABERDEEN PROVING GROUND, Md. — Motivated to support national defense, Ehsan Sherdil joined CECOM in early 2024 as a supply systems analyst. A graduate of the University of

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Banking

Senate Banking moves housing bill forward

“For far too long, Congress believed this problem was too big to solve,” said Sen. Tim Scott R-S.C., the chair of the Banking Committee.  “Today, we’re taking not a step – but we’re taking a leap in the right direction in a bipartisan fashion. Many people around the country are frustrated with the way we do

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Banking

Master’s in Finance vs. MBA in Finance: Which degree opens more doors in investment banking

For students with sights set on investment banking, two graduate degrees are front-runners: the Master’s in Finance (MiF) and the MBA in Finance. Both are well-regarded in global finance circles, but the paths they offer can differ dramatically. The MiF is typically a fast-track entry for younger candidates, while the MBA is often a strategic

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